The five development purchases all look like future housing projects to be built in the next few years. This will help with the inventory shortage and the demand from relocating buyers.

Diablo Petroleum purchased a parcel for $1,250,000 to build a new fuel center and retail stores near the growing 24 Road corridor. For years the land in this area just sat, waiting for things to turn around in Grand Junction.

Significant high dollar sales include $8,180,000 for the former Rocky Mountain Orthopedic building and $7,335,000 for an apartment building on Main Street. Another apartment building on Bookcliff Ave. sold for $1,100,000 and a retail building on N. River Road sold for $1,600,000.

The numbers and past sales for this year show Grand Junction is poised for prominent growth.

Interested in purchasing or selling commercial property in the Grand Junction area? Just drop us a note or give us a call.

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